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The Row Margaux: How the Soft Margaux and the Original Part Ways, Spec by Spec

Put the difference between the Margaux and the Soft Margaux to five people and five confident, contradictory answers come back. It is understandable confusion, given that the two share a name, a silhouette and a set of signature buckles, and that the shopping situation around them changed sharply in 2025. Below is a specification-led comparison rather than an impression-led one, putting measurements, materials, closures, linings and observed prices side by side line by line. Everything here is drawn from what the brand states on its product pages and from prices observed in the market in 2026, which are observations and not an official price list. Any figure that is not reliably documented is flagged as such rather than assumed, as the Margaux is the single most misquoted bag in the label’s catalogue. The short answer is that the Soft is not a cheaper or lazier Margaux — it is the better equipped one. The long version follows.

Two Bags, One Name, and One Confusing Year

The original Margaux is the flagship the brand built its handbag reputation on, an unlined-looking tote whose structure derives from leather thickness and panel shaping rather than from stiffeners. The Soft Margaux appeared as a related yet separately specified bag, with construction details and ysl icare tote product pages of its own. The original was withdrawn from third-party retailers during 2025, and the brand’s own webstore now presents the Soft Margaux and the Margaux Shoulder in its place. Its discontinuation has been widely reported, though the brand has never officially confirmed it, and that distinction is not pedantry when you are working out what to pay on the secondary market. In practice this means the Soft Margaux is the version obtainable new, while the original has become a resale proposition. Comparing the two therefore means setting a current product against an archive one, which shifts how much weight the specification differences deserve.

The Specifications, Side by Side

Isolating the features the Soft version adds and checking them one at a time is the cleanest way to see the difference. Five of them exist, and as a group they change daily behaviour rather than how the bag looks from across a street. Protective metal feet raise the base away from the ground. An interior toggle closure supplies the closing mechanism the open-top shape otherwise lacks. Belted side gussets let the profile be cinched or released. A zip pocket and card slots turn a deep cavity into something organised. The table sets these out with the observed 2026 figures for the versions sold new.

Feature Soft Margaux 10 and 12 Original Margaux
Protective metal feet Fitted Not in the specification
Interior toggle closure Fitted Not part of the specification
Belted side gussets Fitted as standard Not specified
Zip pocket On the 12 only Absent from the specification
Card slots A single slot on the 10, two on the 12 Not in the specification
Observed 2026 price $3,650 and $4,350 Secondary market only

Materials, Outside and In

Both the Soft Margaux 10 and 12 are stated as 100 percent calfskin in a matte grained finish, and both are lined in cotton herringbone. A good deal about the brand’s priorities sits in that lining, because cotton herringbone inside is a textile decision rather than a branding one, holding shape without the plastic feel of a coated logo jacquard. The Margaux Shoulder 12 takes it further with a 100 percent lambskin lining, which is softer, marks more readily and costs considerably more to work with. Across the wider family the exterior materials include grained calfskin, saddle calfskin, suede, canvas paired with leather, and nylon, so a Margaux is not automatically a smooth-leather bag. Made in Italy is stated on the brand’s own product pages for the Soft Margaux 10 and 12, and for the Margaux Shoulder 12 as well. In the hand, suede and canvas versions read differently, and on resale they behave differently too.

Buckles, Hardware and Handles

Hardware on the Soft Margaux is palladium-plated and finished matte rather than polished, in keeping with the rest of the collection. The signature element on any Margaux is its pair of adjustable side buckles, and on genuine examples the buckles are engraved, as are the base feet where feet are fitted. Those buckles do real work rather than decoration: they are what lets the belted gussets alter the width of the bag. The Soft Margaux 10 and 12 both run a 5-inch handle drop, which is a hand-carry or crook-of-the-elbow measurement rather than a shoulder one, and both include a removable shoulder strap to cover the difference. The Margaux Shoulder 12 replaces that arrangement entirely with elongated tubular handles and narrowed gusseted side panels, so it is designed from the start to sit under the arm. Where the requirement is one The Row bag that goes hands-free without a strap, the Shoulder is the answer, not the Soft.

What the Size Numbers Actually Tell You

The name’s number gives nothing more than the bag’s width in inches, and that makes the family easier to navigate than most. The Soft Margaux 10 measures 10 x 7 x 7.5 inches, which is a genuinely compact bag with an unusual amount of depth for its footprint. At 12 x 9 x 7.5 inches, the Soft Margaux 12 keeps the depth and adds two inches of width and two of height, which is why most buyers settle on it for daily use. The Margaux Shoulder 12 measures 14.75 x 9 x 5 inches, so despite the 12 in its name it is the widest and shallowest of the three, since the number refers to the bag’s stated size rather than its maximum external span. There is a Soft Margaux 15 in circulation, and Selfridges has carried a Margaux 17 in a leather-and-canvas execution. Neither of those two has a retail price that can be verified, so treat any figure quoted for them as an asking price rather than a documented one.

The Money: Retail and Resale

Observed 2026 market pricing sets the Soft Margaux 10 at $3,650, the Soft Margaux 12 at $4,350 and the Margaux Shoulder 12 at $4,900. The family therefore sits in the collection’s top band, beside the India and Agnes top handles and the Marlo totes. On the secondary market the picture is unusual — the Rebag CLAIR 2025 report put the Margaux Tote at 107 percent value retention, part of a brand-level figure of 97 percent that took the label into the report’s unicorn tier for the first time. Softer secondary figures point the same way, with the Margaux reported to sell frequently at around 40 percent above retail, Fashionphile resale reported up roughly 44 percent year on year, and The RealReal reporting pre-owned Margaux sales averaging about 15 percent over original retail. A major resale authenticator places new Margaux bags in the $5,000 to $9,000 range, which is a useful sanity check: anything advertised in the hundreds is almost certainly counterfeit. None of this is investment advice, and it is worth remembering that canvas, nylon and seasonal-colour versions discount rather than appreciate.

Which One to Buy

If you want the bag you can actually purchase new, with a warranty of availability and the fuller specification, the Soft Margaux is the straightforward answer. Choose the 10 if you carry little and want the shape at its most sculptural, and the 12 if you want a working bag, since the second card slot and the zip pocket only appear at that size. Take the Margaux Shoulder 12 if you carry under the arm rather than in the hand, since its tubular handles and narrowed gussets are built for precisely that. Go after the original on resale only when you specifically want the archive version and are content to buy without metal feet, a toggle closure or interior organisation. Whatever you pick, note that the brand runs no public authenticity coding system at all, so verification comes down to stitching, hand-painted edges, stamp placement and the weight and finish of the hardware. If resale matters, buy black or neutral calfskin, and if it does not, buy whatever colour you like.

  1. Start with hand-carry or shoulder, because that separates Soft from Shoulder straight away
  2. Then size: the 10 for occasion carry, the 12 for daily use
  3. Then material, remembering that canvas and seasonal colours discount on resale
  4. Consider an original on the secondary market only at that point

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